XMMO vs FMDE overlap
XMMO and FMDE overlap 7.5% by weight, across 31 shared holdings.
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Top shared holdings
| Holding | XMMO | FMDE | Overlap |
|---|---|---|---|
| Curtiss-WrightCW | 4.25% | 0.71% | 0.71% |
| Valmont INDSVMI | 0.72% | 0.64% | 0.64% |
| Technipfmc PLCFTI | 3.69% | 0.63% | 0.63% |
| Five BelowFIVE | 1.37% | 0.54% | 0.54% |
| Wesco IntlWCC | 1.55% | 0.51% | 0.51% |
| Macom TechnologyMTSI | 1.44% | 0.46% | 0.46% |
| Woodward Inc.WWD | 2.78% | 0.46% | 0.46% |
| Carpenter TechCRS | 2.28% | 0.38% | 0.38% |
| Antero MidstreamAM | 0.54% | 0.37% | 0.37% |
| Commercial MetalCMC | 0.79% | 0.37% | 0.37% |
| New York Times-aNYT | 1.08% | 0.31% | 0.31% |
| Nvent ElectricNVT | 2.70% | 0.30% | 0.30% |
| Medpace HoldingsMEDP | 0.98% | 0.29% | 0.29% |
| HF Sinclair Corp.DINO | 1.31% | 0.27% | 0.27% |
| Elanco Animal HEELAN | 1.59% | 0.23% | 0.23% |
Overlap by weight adds up the smaller weight of each holding the funds share, so 100% means identical portfolios. Long securities only: derivatives and cash vehicles are left out. Sources: XMMO, SEC Form N-PORT, July 31, 2026; FMDE, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | XMMO | FMDE |
|---|---|---|
| Wells Fargo & Company | $228.9M | $976.2M |
| LPL Financial LLC | $696.8M | $260.2M |
| Northwestern Mutual Wealth Management Co | $233.4M | $538.6M |
| Ameriprise Financial Inc. | $172.7M | $509.9M |
| Morgan Stanley | $402.9M | $76.4M |
| FMR LLC | $3.2M | $416.9M |
| Raymond James Financial Inc. | $221.0M | $155.6M |
| Cetera Investment Advisers | $257.0M | $119.3M |
| Envestnet Asset Management Inc. | $220.5M | $80.5M |
| Osaic Holdings, Inc. | $151.9M | $108.9M |
| Commonwealth Equity Services, LLC | $62.6M | $156.2M |
| Bank of America Corp. | $170.2M | $30.0M |
| Cambridge Investment Research Advisors, Inc. | $148.3M | $40.0M |
| Advance Capital Management, Inc. | $15.8M | $132.0M |
| Jones Financial Companies LLLP | $139.6M | $3.6M |
This compares who owns the funds, not what the funds hold. From SEC Form 13F, for managers with $100M+ in US securities.
Who owns them: XMMO institutional holders, FMDE institutional holders.
Frequently asked questions
How much do XMMO and FMDE overlap?
7.5% by weight, with 31 holdings in common, using holdings for XMMO as of July 31, 2026 and FMDE as of June 30, 2026. The largest shared position is CW.
Do institutions hold both XMMO and FMDE?
145 Form 13F filers report positions in both, out of 621 that report either one.
How is overlap by weight worked out?
For each holding the two funds share, take the smaller of the two weights, then add those up. Identical portfolios score 100%.